Great idea for passive income: Start an internet message board

78

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Dazed and Confused
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Jun 9, 2014
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Yes, I’m getting 3 different 1099-MISC’s from three different ad sources. Adsense is only a backup source now and makes me very little money now.

I don’t like paying taxes on any of it. “Passive” meaning I’m just sitting back and collecting money. All the hard work has already been done.
I'm sure we can come up with a few more creative Schedule C deductions to lower that exposure.
 

oxrageous

Founding Member
It's Good to be King
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Jun 5, 2014
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I deduct my expenses. I’m really not paying that much in taxes. But even a penny is more than I like to give the government.
 

78

Founding Member
Dazed and Confused
Lifetime Member
Jun 9, 2014
19,745
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I deduct my expenses. I’m really not paying that much in taxes. But even a penny is more than I like to give the government.
It's the self-employment tax at a rate of 15.3 cents on the dollar that sucks, esp when you consider the likelihood of never seeing a dollar of personal benefit come back.
 

Detroitgator

Well-Known Member
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Jul 15, 2014
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Yes, I’m getting 3 different 1099-MISC’s from three different ad sources. Adsense is only a backup source now and makes me very little money now.

I don’t like paying taxes on any of it. “Passive” meaning I’m just sitting back and collecting money. All the hard work has already been done.
You've created a "revenue stream" rather than "passive income." I'm a "revenue stream" guy and plan on posting about that.
 

Egor's Assistant

SAVE CHATTER Lower Expectations.
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Nov 3, 2017
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The problem is it's not a very good niche for sponsors. Who would sponsor Gatorchatter?
What about that Gay Cruise Line Ad that keeps popping up whenever someone visits GC without logging in? They seem like decent folks with cash to burn. Maybe they could help take Gator Chatter to the next level.
 

divits

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A Muffin of the Studly Variety
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Jun 13, 2014
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What about that Gay Cruise Line Ad that keeps popping up whenever someone visits GC without logging in? They seem like decent folks with cash to burn. Maybe they could help take Gator Chatter to the next level.

Ummmm.....you do realize those banner ads are based on your search history, right?

:snicker:
 

Egor's Assistant

SAVE CHATTER Lower Expectations.
Lifetime Member
Nov 3, 2017
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Ummmm.....you do realize those banner ads are based on your search history, right?

:snicker:
Well, I guess now I've outed myself yet again. Here I thought I was outing Ox and his army of fanboys. Not that there is any thing wrong with a bunch of dudes at sea. Heck, I grew up in a Navy town (Jacksonville). Good people.
 

Gatorbreath

Founding Member
The original "Breath" of the GCMB.
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Jun 11, 2014
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Anybody can do it, and it's cheap. The hard part is actually getting people to come to it.

Don't I know it. Apparently you have to be a closeted Auburn fan that starts a Gator board....

I run a motorcycle board that's essentially dormant because I got tired of posting myself, to myself and replying to myself. Ox is right, the trick is getting people to view and post.

I plan to try again and shovel some money into marketing. I'll update if anyone is interested.
 

oxrageous

Founding Member
It's Good to be King
Administrator
Jun 5, 2014
36,935
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Don't I know it. Apparently you have to be a closeted Auburn fan that starts a Gator board....

I run a motorcycle board that's essentially dormant because I got tired of posting myself, to myself and replying to myself. Ox is right, the trick is getting people to view and post.

I plan to try again and shovel some money into marketing. I'll update if anyone is interested.
Good to see you, man. This board was all about timing. Starting from scratch is almost impossible, or everyone would do it.
 

ChiefGator

A Chief and a Gator, Master of the Ignore list!!!!
Lifetime Member
Nov 9, 2015
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Does not look too passive to me, lots of work involved if you want to be a success.
 

NovaGator

Well-Known Member
Dec 10, 2015
631
561
I know this douchebag that started one. It's OK, but he's certainly squeezed a good amount from me in the process. All I got in return was a special banner with sparkles.
I can only leave you with just this one thought: Education is expensive regardless of how it is attained.
 

bradgator2

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Rioting
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Jun 12, 2014
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I can only leave you with just this one thought: Education is expensive regardless of how it is attained.

Crazy. I actually saw this on a bumper sticker this morning about 30 minutes ago: "You think education is expensive? Try ignorance."
 

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